Tax information bulletin - August 2025
New legislation
- Taxation (Budget Measures) Act 2025 commentary
Operational statements
- OS 25/04: The Commissioner of Inland Revenue’s search powers
- OS 25/05: Section 17B Notices
Question we've been asked
- QB 25/17: Income tax: Can I claim a deduction for expenses I incur on repairing a recently acquired capital asset?
Case summaries
- CSUM 25/10: Risk of double recovery due to potential enforcement action by Inland Revenue does not prevent profit forfeiture orders under proceeds of crime regime
- CSUM 25/11: Risk of double recovery due to potential enforcement action by Inland Revenue does not prevent profit forfeiture orders under proceeds of crime regime
Technical decision summaries
- TDS 25/15: GST – input tax deductions, grants, omitted sale
- TDS 25/16: Charitable trust – transfer of assets